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Sri Lanka: Merchandise imports (current US$)

In , Sri Lanka's Merchandise imports (current US$) was $18.84 billion.

That's up 12.1% from 2023, the highest value since .

The global average for this indicator in 2024 was $119.47 billion . Sri Lanka ranks #84 globally out of 204 reporting countries. Within South Asia, it ranks #3 of 6.

Source: World Bank Open Data (TM.VAL.MRCH.CD.WT) • Data as of 2024

Trend (2005–2024)

Sri Lanka Merchandise imports (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$22.23B
Trough
$8.83B
1-year change
+12.1%
5-year change
-5.5%
-1.1% / yr
10-year change
-3.0%
-0.3% / yr

Historical Data — Last 10 Years

Year Merchandise imports (current US$)
18.842B
16.811B
18.291B
20.637B
16.055B
19.937B
22.233B
20.980B
19.183B
18.935B

About Merchandise imports (current US$)

Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: TM.VAL.MRCH.CD.WTCategory: Trade & Finance

Frequently asked questions

What was Sri Lanka's Merchandise imports (current US$) in 2024?
In 2024, Sri Lanka's Merchandise imports (current US$) was $18.84 billion, according to World Bank Open Data.
Is Sri Lanka's Merchandise imports (current US$) rising or falling?
Sri Lanka's Merchandise imports (current US$) rose 12.1% from 2023 to 2024.
How does Sri Lanka rank globally on Merchandise imports (current US$)?
In 2024, Sri Lanka ranked #84 out of 204 countries reporting Merchandise imports (current US$).
How does Sri Lanka's Merchandise imports (current US$) compare to the world average?
The global average for Merchandise imports (current US$) in 2024 was $119.47 billion, so Sri Lanka is below the world average. Within South Asia, it ranks #3 of 6.
What is Merchandise imports (current US$) and how is it measured?
Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.CD.WT), CC BY 4.0.